Actionable Options for Tuesday, April 29

Actionable Options for Tuesday, April 29

Options having increasing call volume and implied volatility: SFLY LO RAI

Options having increasing put volume and implied volatility: TWTR X YELP

Cummins (CMI) is recently up $4.84 to $150.06 after hitting a 52-week high after a beat and raise quarter. May option implied volatility is at 21, June is at 20, September is at 21; compared to its 26-week average of 25.

Herbalife (HLF) is recently up $1.34 to $60.14 after the multi-level marketer reported Q1 results and announced that it would suspend its quarterly dividend and use its cash instead to repurchase stock, saying it plans to repurchase $581M worth of stock in Q2. May option implied volatility is at 56, June is at 56, August is at 61; compared to its 26-week average of 56.